Moody's Downgrades Nokia To Junk Status

Nokia

Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs. It kept the outlook negative, meaning it could downgrade it again.

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BING NEWS:
  • Moody's downgrades Nokia rating to junk status
    Nokia Corp., the faltering Finnish cellphone maker, closed out the week with another hit to its financial condition: Moody's Investors Service downgraded its credit rating to junk status. Moody's cut the company's rating a notch to Ba1, a non-investment ...
    06/15/2012 - 1:38 pm | View Link
  • Moody's downgrades Nokia to junk status
    Sold for $1.3 million one day, no buyers for $440,000 the nextRundown home shows death of mining boom. Moody's ratings agency has downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling mobile phone maker's ...
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  • Moody's downgrades Nokia to junk status
    HELSINKI (AP) — Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs. It kept the ...
    06/15/2012 - 3:54 am | View Link
  • Moody’s downgrades Nokia to ‘junk’
    The ratings agency Moody's downgraded the long-term credit rating of Finnish telecommunications group Nokia to the speculative level of “Ba1” and said its outlook remained negative. “Today's rating action reflects our view that Nokia's far-reaching ...
    06/15/2012 - 3:48 am | View Link
  • Moody's downgrades Nokia to junk status
    HELSINKI—Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs. It kept the outlook ...
    06/13/2012 - 1:00 pm | View Link
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BING SEARCH:
  • Moody's downgrades Nokia debt to near junk
    HELSINKI (AP) — Moody's ratings agency downgraded Nokia's debt grade to near junk status on Monday, citing a sharp decline in first-quarter cell phone ...
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  • Moody's downgrades Nokia to junk status
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    06/14/2012 - 7:54 pm | View Website
  • Moody's downgrades Nokia to junk status
    From Yahoo Finance: Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the ...
    06/15/2012 - 10:49 am | View Website
  • Moody's downgrades Nokia to junk status
    Finnish cellphone maker recently announced it was closing production and research plants, with 10,000 job cuts by the end of 2013
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  • Moody’s downgrades Nokia to junk status | The Seattle Times
    Moody’s ratings agency on Friday downgraded Nokia’s debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker’s earnings ...
    06/15/2012 - 3:53 am | View Website
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